Wealthpress |
- 1 ‘Below the Radar’ Stock for 2021
- Why You Shouldn’t Trade the News
- Global Stocks Hit Records After Stimulus Bill Passage
- Stock Market Update: Monday, Dec. 28, 2020
- Eat Beyond: Is THIS the Future of Food?
- How to Profit From Emerging Market Stocks
| 1 ‘Below the Radar’ Stock for 2021 Posted: 29 Dec 2020 08:52 AM PST As we look to 2021, one thing that keeps me up at night is the speculative fervor we're seeing in the stock market. It's really easy to make money right now — too easy. And that's actually a problem… So I like to keep some "below the radar" stocks for 2021 in my watchlist that aren't everyone's favorite picks quite yet. And I have one in mind that I see rising 50% in 2021. Of course, it doesn't mean a below-the-radar stock like that can't go down. But if I've done my homework correctly, this stock has a shot at outperforming if the market keeps going higher. And if things head south and the bubble bursts, this stock might go down less than more highly speculative ideas. So what kind of "below the radar" stocks would I look at? 1 Below-the-Radar Stock for 2021Ideally, we're talking about a company that has a presence in some of the hottest growth sectors of the economy:
And I have a great below-the-radar stock idea for 2021 that checks off every single thing on my list. I think we'll see this stock rise from $10 to at least $15 — a jump of over 50% in the coming year. Looking out to 2022, this stock could even make it to $20 or $25 a share as investors warm up to it. So check out my short video and let's dive into one below-the-radar stock for 2021. Then share any stocks you think are below the radar in the comments below. Do they meet my checklist above? And as always, send your investing questions to jeff@yastine.com. You can also follow me on Twitter and Facebook. P.S. The No. 1 Way to Maximize Profit in 2021 WealthPress Head Trader Roger Scott has nailed his Turning Point predictions the past two years… In 2019, he called a big run up for the Nasdaq 100. Since then the index has more than doubled in size. In 2020 he called for spikes in volatility, allowing anyone the chance to grab a 1,327% gain during the stock market crash. Coming up in 2021… he's shedding light on something you likely never even knew existed. I'm talking about the explosive market hidden inside your brokerage account he's about to reveal. It could give anyone the opportunity to earn 153% on their money. No, it's not from the S&P 500 or Nasdaq. It's all from a secret market tucked away inside your trading account… The post 1 'Below the Radar' Stock for 2021 appeared first on Wealthpress.  |
| Why You Shouldn’t Trade the News Posted: 29 Dec 2020 07:33 AM PST Ever head of the saying "buy the rumor, sell the news"? It's a strategy some investors use that involves buying a stock based on a rumor and then proceeding to sell it once the news hits. Breaking news and current events have the ability to affect the stock market for a short amount of time, causing certain stocks to jump up or down. But there's a reason you will not see the news stations playing while we trade. We're strict technical traders, so we like to base all of our trades on technical analysis and indicators within the charts — not on the whispers of Wall Street. We like to keep things simple, especially since technical patterns will always present themselves after a shift in news. The post Why You Shouldn't Trade the News appeared first on Wealthpress.  |
| Global Stocks Hit Records After Stimulus Bill Passage Posted: 29 Dec 2020 06:49 AM PST Global stock markets advanced today after President Donald Trump signed the $900 billion economic relief package, pushing major Wall Street exchanges to record highs Monday and Japan's Nikkei 225 benchmark to a 30-year high. Despite calling the bill unsuitable, Trump ultimately decided not to veto it to help alleviate doubts about governments reinstating travel and business restrictions. The idea is that the measure will help the economy power through until we have a widespread distribution of COVID-19 vaccines. That's exactly what we need right now… In today's video, I'll show you how to take advantage of the current upside in the global economy… what momentum levels mean for the stock market right now… how to diversify your portfolio away from risky assets… and whether the economy could sustain more upside growth. The post Global Stocks Hit Records After Stimulus Bill Passage appeared first on Wealthpress.  |
| Stock Market Update: Monday, Dec. 28, 2020 Posted: 28 Dec 2020 02:18 PM PST Wall Street closed at record highs today after President Donald Trump signed the $2.3 trillion stimulus bill that will fund the government through September — and more in Monday's stock market update. The bill also includes the $900 billion coronavirus relief package. There is bullish sentiment that the House of Representatives will approve $2,000 in relief checks following a vote Monday evening. Stock Market UpdateThe S&P 500 rallied 0.9% after trading to an afternoon high of 3,740.  The Nasdaq was higher by 0.7% with the late-day peak reaching 12,930.  The Dow also advanced 0.7% following the second-half run to 30,525.  The Russell 2000 fell 0.4% despite tapping a high of 2,026 shortly after the opening bell.  Communication Services led sector strength after rising 1.8% while Consumer Discretionary and Technology were higher by 1.1%. Energy and Materials were the only sector laggards after giving back 0.6% and 0.4%, respectively. Stock Market MoversBit Digital Inc. (Nasdaq: BTBT) skyrocketed 81% following the continued Bitcoin rise. The price cleared a high of $28,200 on Sunday, up from Friday’s close just above $24,000, before closing at $26,876 following Monday's session.  Ideanomics Inc. (Nasdaq: IDEX), Marathon Patent Group Inc. (Nasdaq: MARA) and Riot Blockchain Inc. (Nasdaq: RIOT) are other stocks benefiting from the recent Bitcoin surge. Stock Market OutlookThe third-quarter earnings calendar is light this week with no major companies reporting numbers. The start of the fourth-quarter earnings season will begin in a couple of weeks, with the focus on expectations for full-year 2021 following the pandemic-plagued 2020. Estimates have been rising since early July, with S&P 500 earnings for the year expected to be up nearly 22%. As for the current Q4, earnings are expected to be down -11.3% on flat revenues, which would follow a -7% earnings decline in Q3 on -0.7% lower revenues. For the small-cap S&P 600 index, Q4 earnings are expected to fall -18.3% on -3.2% lower revenues. This would follow the -7% decline on -6.3% lower revenues for the third quarter. As for specific sectors, the Financial sector is expected to decline -8.9% on -3.3% lower revenues, which would follow declines of -11.7% in the third quarter; -45.3% in the second quarter, and -32.6% for the first quarter of 2020. For the Technology sector, fourth-quarter earnings are expected to slip -0.2% on 9.1% higher revenues, which would follow 13% earnings growth for the third-quarter. Looking at 2020 for the S&P 500 index, earnings are expected to decline -16.9% on -3.8% lower revenues. For full-year 2020, the S&P 600 index is expected to post a -28.9% decline in earnings on -10.4% lower revenues, with earnings growth expected to rebound to 35.6% in 2021. Global EconomyEuropean markets settled higher with the UK's FTSE 100 closed for an extended holiday break. Germany’s DAX 30 jumped 1.5% while France's CAC 40 rallied 1.2%. The Stoxx 600 rose 0.7% and the Belgium20 nudged up 0.1%. Asian markets closed mostly higher. Japan's Nikkei gained 0.7% and Australia's S&P/ASX 200 added 0.3%. South Korea's Kospi edged up 0.1% and China’s Shanghai was up less than a point, or 0.02%. Hong Kong’s Hang Seng was down 0.3%. U.S. EconomyDallas Fed Manufacturing Business Index for December came in at 9.7 versus forecasts for a print of 5. The employment gauge rose to 19.6 following the increase to 11.7 for November. Hours worked dipped to 9.3 from 9.7 while new orders climbed to 17.8 from 7.2. Shipments rose to 21.9 from 13.7. The prices-paid index soared to 49 from 35 with the prices-received index jumping to 17.4 from 4.7. The six-month component declined to 17.6 after slipping to 25.8 in November. Employment is at 27.5 and hours worked unchanged at 14.6. New orders dropped to 38.8 versus 43.2. The future prices-paid index increased to 50 from 42.2, with prices received at 32 from 21.4. Stock Market SentimentThe iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT) was up for the second straight session despite trading to a low of $156.10. Current and upper support at $156.50-$156 was breached but held. A move below the latter would signal a retest weakness towards $155-$154.50. Resistance remains at $157.50-$158 and the 50-day moving average.  Volatility IndexThe iPath S&P Vix Short-Term Futures (NYSEArca: VIX) snapped a three-session slide despite the day’s low tagging 21.15. Near-term and upper support at 21.50-21 was tripped but held for the second straight session. A move below the latter would suggest additional weakness towards 20.50-20. Resistance remains 22.50-23 followed by 24-24.50.  Stock Market AnalysisThe Invesco QQQ Trust (Nasdaq: QQQ) was up for the second straight session after trading to a fresh all-time high of $313.17. Unchartered territory and lower resistance at $313-$313.50 was cleared but held. A close above the latter would indicate additional momentum towards the $314.50-$315 area. New support is at $312-$311.50 followed by $310.50-$310. RSI (relative strength indicator) is in an uptrend with key resistance at 70 holding. A close above this level would signal additional strength towards 75-80 and levels from early September. Support is at 65-60.  SectorThe iShares PHLX Semiconductor ETF (Nasdaq: SOXX) settled lower despite showing signs of breaking out of a four-session trading range with the morning peak reaching $377.70. Current and lower resistance $377-$377.50 was cleared but held. A close above the latter would indicate a retest towards the $380-$380.50 with this month's all-time peak at $384.05. Near-term and upper support at $372.50-$372 was breached but held on the second-half fade to $372.16. A close below the latter would be a slightly bearish signal with downside risk towards $370.50-$370. RSI is showing signs of rolling over with key support at 60 holding. A move below this level would signal additional weakness towards 55-50. Resistance is at the 65-70.  Check back after the closing bell for the most important news and numbers in the WealthPress stock market update. The post Stock Market Update: Monday, Dec. 28, 2020 appeared first on Wealthpress.  |
| Eat Beyond: Is THIS the Future of Food? Posted: 28 Dec 2020 11:56 AM PST Eat Beyond Global Holdings (CNSX: EATS) (OTCMKTS: EATBF) (FRA: 988) recently listed publicly and has had a dream start to trading life. Their stock price has shot up as high as 400% in just over a couple of weeks. CEO Patrick Morris, an experienced capital markets executive, joined Midas Letter to discuss how the company allows people to invest in the future of food. As the demand for ethical food security is being matched by the huge growth in the alternative-meat market, Eat Beyond is focused on discovering the key investments that will deliver access to the best future-food opportunities. For the full interview and my latest stock recommendations and analysis, sign up for the Disruptor Digest here. The post Eat Beyond: Is THIS the Future of Food? appeared first on Wealthpress.  |
| How to Profit From Emerging Market Stocks Posted: 28 Dec 2020 10:53 AM PST It's easy to understand why investors tend to flock to the S&P 500 when searching for stocks to watch. It's dependable and captures the pulse of the American corporate economy. But what about the traders that are a little more adventurous? Emerging market stocks are leading right now, meaning a lot of money is moving into international economies. Since I like to think outside of the box, I thought I'd give you a heads up and show you how Chinese retailers are making major headway in 2021. That includes how you can potentially profit from emerging market stocks. The 2 Best Emerging Market Stocks to Watch in 2021Emerging markets are markets that have some of the qualities of a developed market, but don't fully meet its standards. These could develop into markets in the future or even be ones from the past. I believe the global economy is going to pick up over the next several months. We're already starting to see emerging market stocks outperform the U.S. market. Just take a look at the Vanguard Emerging Markets Stock Index Fund ETF (NYSEARCA: VWO) or the iShares MSCI Emerging Markets ETF (NYSEARCA: EEM). Both of these emerging markets have been rising, along with small-cap stocks that have a lot more exposure to overseas markets. And with a Democrat moving into the White House in January, the odds of seeing more strength from emerging market stocks and out of China are strong. The two emerging market stocks I'm giving away today saw massive upside under the Trump administration. But I believe they will continue to experience steady growth because President-elect Joe Biden plans to take things easier on China and put less pressure on the global economy. If you've been keeping up with my daily videos, then one of these emerging market stocks to watch shouldn't be any surprise to you. I talked about the ticker in this video. It's a cross between eBay Inc (Nasdaq: EBAY) and Amazon.com Inc. (Nasdaq: AMZN). And for all you trivia buffs out there, it was also the first major Chinese e-commerce stock to trade on the Nasdaq 100. Pretty cool, right? Check out my short video to reveal the two emerging market stocks you'll want to watch in 2021 and then be sure to leave your thoughts in the comment section below.
P.S. I've nailed my Turning Point predictions the past two years… In 2019, I called a run for the Nasdaq 100. Since then the entire Nasdaq index has more than doubled in size. In 2020, I called for spikes in volatility, allowing anyone the chance to nab a 1,327% gain during the stock market crash. But in 2021… I'm shedding some light on something you likely never even knew existed. I'm talking about the explosive market hidden inside your brokerage account that I'm about to reveal. It could give anyone the opportunity to earn 153% on their money. No, it's not from the S&P or Nasdaq 100. It's all from a secret market tucked away inside your trading account… In order to see my No. 1 prediction for 2021, just click on this link. The post How to Profit From Emerging Market Stocks appeared first on Wealthpress.  |
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